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so we got an offer on our apt - update: We accepted!

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andreat
LIF Infant

Member since 10/06

155 total posts

Name:

Re: so we got an offer on our apt

If the offers were similar (1k apart), I would take the offer with the more down. They are more likely to easily get their mortgage approved.

Posted 7/1/09 5:22 PM
 
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TheDivineMrsM
2 girls 4 me!

Member since 8/08

7878 total posts

Name:
Mama mama mama....

Re: so we got an offer on our apt

I agree with the previous posters - take the money, whether its 175 or 176, and run. The difference in a few thousand dollars can make the difference between selling your place and sitting there for awhile longer. Then the joys of house hunting begin... Good luck!!

edited b/c I can't spell

Message edited 7/1/2009 7:41:03 PM.

Posted 7/1/09 7:37 PM
 

mrsD08
LIF Zygote

Member since 6/09

19 total posts

Name:
Irene liw: snowcutie82

Re: so we got an offer on our apt

good luck!!!! hope it all works out

Posted 7/1/09 7:54 PM
 

mcd01
Life is good : )

Member since 3/09

1932 total posts

Name:
Melissa

Re: so we got an offer on our apt

Chat Icon good luck !!! it so exciting....

Posted 7/1/09 9:46 PM
 

shiv
Twinsanity!!

Member since 5/07

4747 total posts

Name:
Shiv

Re: so we got an offer on our apt

Posted by mikeandjess

Posted by MrsQ-in2007

Just curious, but how many bedrooms?



it's a 1 bdrm / 1 bath but it comes with a garage and has a few more perks than other co-ops in the area (allows pets, backdoor with patio area, etc.)



Will you make any money off it? If so, TAKE IT!

I have had my Forest Hills co-op listed on/off for about 2 years now and it has been HE LL to sell! It's rented now, and we lose money each month from the rental. Last time we had it for sale the only offer we got was less than what we bought it for in 2005.

If your not losing money, I would highly suggest taking it!

Posted 7/2/09 10:04 AM
 

skew
LIF Adult

Member since 5/05

6794 total posts

Name:

Re: so we got an offer on our apt

Posted by andreat

If the offers were similar (1k apart), I would take the offer with the more down. They are more likely to easily get their mortgage approved.



ITA. you have to compare the whole offer (down payment, mortgage approval, flexibility with closing) and not just the offer price.

good luck!

Message edited 7/2/2009 10:16:22 AM.

Posted 7/2/09 10:14 AM
 

Sparkyandang
LIF Adolescent

Member since 5/08

766 total posts

Name:
Ang

Re: so we got an offer on our apt

Jess, i hope it works out and the deal goes through quickly.

Posted 7/2/09 10:20 AM
 

belladi
LIF Adult

Member since 9/06

1011 total posts

Name:
diana

Re: so we got an offer on our apt

Posted by mikeandjess

Posted by ave1024

How long has the apartment been on the market?



we listed it for 6 months ourselves previously to this. DH is a lot of things but salesman he is NOT. This time we decided to list with an agent and we've lowered the price and it's only been on the market for about a week.



You have already wasted 6 months

Take the offer and go....

Posted 7/2/09 12:04 PM
 

mikeandjess
LIF Adult

Member since 10/07

2278 total posts

Name:

Re: so we got an offer on our apt

Just to clear it up, we are definitely accepting one of the offers. The RA is in the works of receiving the paper work to see which of the couples is more qualified to buy. Now I need to find somewhere to live Chat Icon

Posted 7/2/09 12:52 PM
 

belladi
LIF Adult

Member since 9/06

1011 total posts

Name:
diana

Re: so we got an offer on our apt

Posted by mikeandjess

Just to clear it up, we are definitely accepting one of the offers. The RA is in the works of receiving the paper work to see which of the couples is more qualified to buy. Now I need to find somewhere to live Chat Icon



Oh good.... Good luck...

Posted 7/2/09 1:03 PM
 

rkoenke
my little piggys

Member since 3/08

4315 total posts

Name:
rachel

Re: so we got an offer on our apt

bumping for update!

and to say... CONGRATULATIONS! You are doing the right thing!!!

(IMHO anyway)

Chat Icon Chat Icon Chat Icon Chat Icon

Posted 7/2/09 8:41 PM
 

mikeandjess
LIF Adult

Member since 10/07

2278 total posts

Name:

Re: so we got an offer on our apt - update: We accepted!

We just got off the phone with the RA. Both couples were qualified buyers so we accepted the 2nd offer since it was a drop more than the first. Thank you all for your honest opinions and good luck wishes, I really appreciate it. Now you're going to see 3483438 posts from me about figuring out where to live, b/c we need to buy a house asap.

Posted 7/3/09 9:58 AM
 

headoverheels
s'il vous plaît

Member since 6/07

42079 total posts

Name:
LB

Re: so we got an offer on our apt - update: We accepted!

Posted by mikeandjess

We just got off the phone with the RA. Both couples were qualified buyers so we accepted the 2nd offer since it was a drop more than the first. Thank you all for your honest opinions and good luck wishes, I really appreciate it. Now you're going to see 3483438 posts from me about figuring out where to live, b/c we need to buy a house asap.

that is great news! congrats!

so where do you want to live? Chat Icon

Posted 7/3/09 9:59 AM
 

JldDolphin

Member since 1/07

6929 total posts

Name:
Jen

Re: so we got an offer on our apt - update: We accepted!

Congrats! That is great! GL house hunting. Chat Icon

Posted 7/3/09 10:15 AM
 

mikeandjess
LIF Adult

Member since 10/07

2278 total posts

Name:

Re: so we got an offer on our apt - update: We accepted!

Posted by headoverheels

Posted by mikeandjess

We just got off the phone with the RA. Both couples were qualified buyers so we accepted the 2nd offer since it was a drop more than the first. Thank you all for your honest opinions and good luck wishes, I really appreciate it. Now you're going to see 3483438 posts from me about figuring out where to live, b/c we need to buy a house asap.

that is great news! congrats!

so where do you want to live? Chat Icon



Definitely nassau, we're really searching by sd. So far we like massapequa, plainedge, plainview ,we'll be looking at a few in dix hills.

Posted 7/3/09 10:30 AM
 

mcd01
Life is good : )

Member since 3/09

1932 total posts

Name:
Melissa

Re: so we got an offer on our apt - update: We accepted!

aww, congrats on the sale !!! and good luck house hunting, keep us updated.Chat Icon

Posted 7/4/09 9:51 AM
 
Pages: 1 [2]
 

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